Fractal Bitcoin Transaction Fees Surge Past 1,000 Satoshis/Byte, Climbing to 1,152 Satoshis/Byte
Publication Time:2024-09-11 17:02:08
According to reports from Golden Finance, at block 8354, Fractal Bitcoin's median transaction fee for miners first broke through the significant barrier of 1,000 Satoshis/byte, and showed a continuous upward trend. This metric reflects the level of network congestion and an increase in transaction costs. In the subsequent block, 8384, the median transaction fee for Fractal Bitcoin miners reached a new high of 1,152 Satoshis/byte, further highlighting the demand for and competition over network resources in the market. As fees continue to rise, users need to factor in the increased cost when making transaction decisions, and it also reminds market participants to pay attention to the allocation and optimization of network resources.
Fractal Bitcoin
transaction fees
Satoshis/Byte
Mempool Data